Tag Archives: current

Corning Sees Smartphone Glass Sales Decline Seeping Into Current Quarter

Corning on Tuesday reported a drop in sales at its screen glass unit for the first time in at least four quarters, and said it expects the weakness to spill into the current quarter, adding to growing market jitters about demand for high-end smartphones. Shares of the specialty glass maker, whose Gorilla glass became the screen of choice for… Read More »

Nandan Nilekani will not receive any remuneration for his current post: Infosys

India’s second largest IT services firm Infosys said on Friday that incumbent non-executive and non- independent chairman Nandan Nilekani will not receive any remuneration for his current post. In a BSE filing, the company said Nilekani’s office as director shall be subject to retirement by rotation and the remuneration proposed to be paid to him is nil. Nilekani… Read More »

Microsoft not planning new features for current Windows phones

Original Windows 10 Mobile is officially on maintenance mode During a Q&A session with the Windows Insider team, Microsoft revealed that the ‘feature2’ branch will be the last update for current Windows phones running the 32-bit Windows 10 Mobile. After the roll out of the Creators Update this spring, the company started working on the Redstone 3 (Creators… Read More »

UK’s current GDP growth rate won’t last, warns business body

“The business as usual” approach taken by many firms following the Brexit vote has helped boost UK growth this year, but it will not last, the British Chambers of Commerce (BCC) has warned. The business body expects GDP to grow by 2.1% this year, up from the 1.8% it forecast just three months ago. But uncertainty over the… Read More »

Oil prices stable on planned OPEC cut, but current glut still weighs

Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption. International benchmark Brent crude futures LCOc1 were trading at $50.25 per barrel at 0651 GMT, up 6 cents from their last close, although U.S.… Read More »